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Redeemable Common Stock and Stock Purchase Warrants (Tables)
3 Months Ended
Jul. 31, 2012
Redeemable Common Stock and Stock Purchase Warrant [Abstract]  
Schedule Of Share Based Payment Award Stock Warrants Valuation Assumptions [Table Text Block]

Assumptions used to calculate the fair value of these warrants were as follows:

 

    July 31,     April 30,  
    2012     2012  
             
Expected term in years     3.7       3.9  
Risk-free interest rates     0.4 %     0.6 %
Volatility     94 %     102 %
Dividend yield     0 %     0